Federico Gilly, managing director and head of the Equity Sales Strats and Structuring Group for the Americas at Goldman Sachs, said, We look forward to working with ALPS to achieve our shared goal of providing ETP investors with thoughtful index based investment alternatives and market exposures.

Commenting on the sale of the Asian business, Ten Alps chairman Peter Bertram said that the company had planned to streamline its operations in three core sectors, more specifically in TV, publishing and corporate social responsibility with a further focus for publishing on the UK market.

Pre-tax profits totalled pounds 628,000 in the year to March 31 after Ten Alps produced documentaries for television such as To Kill and Kill Again, about murderer Dr Harold Shipman, and music programmes for radio about Madonna and other artists.

Responding to the broadening field of electronics with original product creation, ALPS offers an array of components in a wide range for electronics markets, Every product incorporates original material, molding and manufacturing technologies, and each perfectly matches customer needs for high-functionality and space-saving properties.

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